The three elements that are present in almost all cases of fraud are collectively known as the:
A)fraud triangle.
B)imprest system.
C)fraud system.
D)fraud rationalization.

Question

Quizplus · Accepted Answer

The fraud triangle is a concept developed by criminologist Donald Cressey, which consists of three components that are present in almost all cases of fraud: opportunity, rationalization, and pressure. Opportunity refers to the ability of an individual to commit fraud, rationalization refers to the internal justification that the individual creates to justify the fraud, and pressure refers to the financial or personal need that the individual is facing that prompts them to commit the fraud.

The Three Elements That Are Present in Almost All Cases